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Tides Equities Adds Revival on Thomas to Growing Portfolio

Local Investment Firm Sells Recently Renovated Apartment Complex in Phoenix for $21 Million
The 155-unit Revival on Thomas apartment complex in Phoenix was built in 1979 and renovated in 2018. (CoStar)
The 155-unit Revival on Thomas apartment complex in Phoenix was built in 1979 and renovated in 2018. (CoStar)
By Nicholas Goble
CoStar Research
December 26, 2019 | 1:21 P.M.

Los Angeles-based Tides Equities has purchased the Revival on Thomas apartment complex in Phoenix’s Lower Arcadia neighborhood from a private local investment firm for $21 million, or about $135,000 per unit.

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